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Dec 6, 2012
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u.s. officials tell us that the syrian military is poised to use chemical weapons against their own people, and all it would take really is the final order from syrian president assad. but we have learned that as of today, all the precursored chemicals for that deadly nerve gas have in fact now been loaded on to aerial bombs, but those bombs are still in the depots. they haven't been loaded on to airplanes yet, and president assad hasn't given the order. but they're pretty close, larry, and that's why earlier this week, of course, president obama issued a very strong statement aimed at president assad saying look, if you use these weapons against your people, there will be serious consequences, but that's where somewhat of the problem lies. >> listen, i want to ask you, one of the parts of the red line statement by president obama and secretary of state clinton, that if there was movement of any chemical weapons of mass destruction, movement -- now, as i listen to what you're saying, there
u.s. officials tell us that the syrian military is poised to use chemical weapons against their own people, and all it would take really is the final order from syrian president assad. but we have learned that as of today, all the precursored chemicals for that deadly nerve gas have in fact now been loaded on to aerial bombs, but those bombs are still in the depots. they haven't been loaded on to airplanes yet, and president assad hasn't given the order. but they're pretty close, larry, and...
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Dec 18, 2012
12/12
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equities are cheap in the u.s., and it's going to be just like the u.s. treasuries have been for the last five, six years, a flight to quality. you'll see a continuation flight to quality. i'm extremely, extremely constructive on the market. >> real quickly on the bone u.s. we didn't get there. >> sorry. >> some firms are actually moving the bonus payments to the end of this year to avoid the higher capital gains tax. what's your take on bonuses? >> meant to answer that. importantly whatever happens with bonuses will be no indication what happens with next year because in 2009 a lot of people were hired on contracts, so the firms are forced to actually still have higher payouts than they want to have. 2013 is going to be a much ruder awakening for salaries and total comp on wall street. >> wow. meredith, always nice you have to on the program. >> thank you so much. >> founder and ceo of meredith whitney advisory group. >> want to update you on the tragedy in newtown tragedy. danielle lee back with the very latest. >> reporter: good afternoon. students ret
equities are cheap in the u.s., and it's going to be just like the u.s. treasuries have been for the last five, six years, a flight to quality. you'll see a continuation flight to quality. i'm extremely, extremely constructive on the market. >> real quickly on the bone u.s. we didn't get there. >> sorry. >> some firms are actually moving the bonus payments to the end of this year to avoid the higher capital gains tax. what's your take on bonuses? >> meant to answer that....
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Dec 11, 2012
12/12
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the deadline, but speaker boehner making the case accepting the white house's plans would make the u.s. problems worse. listen to this. we did exactly what the president wants, we would see red ink for as far as the eye can see. that's not fixing our problem either. it's making it worse, and it's hurting our economy. >> so what's it going to take for both sides to come together and strike a deal? let's ask our next guest, congressman chris van hollen of maryland, the top congressman on the budget committee. welcome back. >> always good to be with you. i understand maria was just down on capitol hill. >> sorry i missed you. >> come on back. >> she will be back. we will all will, because we're all taking the temperature right now. how hopeful are you that you get a deal in a timely manner on this miss call cliff right now? >> well, i think there's a better than 50% chance that by the end of this month, so by december 31st, there will be an agreement, but obviously there are lots of hurdles to go before we get there. the good news is the lines of communication are open, as you've been rep
the deadline, but speaker boehner making the case accepting the white house's plans would make the u.s. problems worse. listen to this. we did exactly what the president wants, we would see red ink for as far as the eye can see. that's not fixing our problem either. it's making it worse, and it's hurting our economy. >> so what's it going to take for both sides to come together and strike a deal? let's ask our next guest, congressman chris van hollen of maryland, the top congressman on...
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Dec 12, 2012
12/12
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reports today say the u.s. is planning to send 20 f-16 fighter jets to syria. >> is this the time to send secretary defense. >> if we are recognizing the opposition there, some reports say that it is full of al qaeda as and iraq and al kid is in syria. it is good that the at min tration is finally doing something. we have beeen sitting on their hands. >> the u.s. is sending 20 more f-16. he is at war with reformers and there are rights there. we no no idea what this consti tooth constitution. why are we doing this? >> i'm as confused. i kint of say how is that working for you? nothing to do with syria, yemen ebipt and this is a mess and so is our policy. >> you are right. but we want to be careful by not ailnating the military. >> do we know, ebipt was a secularist. now, the question here is, is it going to become a sharia. is the brotherhood going to get this power. >> that is the biggest concern. we'll see how that goes on sunday. it would be a shame if egypt was less throw. >> why don't we hold this aid back
reports today say the u.s. is planning to send 20 f-16 fighter jets to syria. >> is this the time to send secretary defense. >> if we are recognizing the opposition there, some reports say that it is full of al qaeda as and iraq and al kid is in syria. it is good that the at min tration is finally doing something. we have beeen sitting on their hands. >> the u.s. is sending 20 more f-16. he is at war with reformers and there are rights there. we no no idea what this consti...
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Dec 10, 2012
12/12
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also, u.s. supply increased. >> with production rising to an 18-year high with demand at a ten-year lower less reliant on imports to meet our demand. >> reporter: america is using nearly 700,000 fewer barrels of oil each year than we did in 2007. does that mean we won't have to worry about $4 or $5 gas? >> we could see $4 this spring. $5, i wouldn't be surprised to see pumps at $5 a gallon. should there be another refining issue. >> reporter: but americans will have extra dollars to spend on family and friends this holiday season. >> that was tom costello reporting. now to the latest business news. there are small gains on wall street. let's check in with hampton pearson with more on that. hi has the rest of the business headlines, too. hampton? >> we do have stocks trading in positive territory. the surprise resignation of italy's prime minister offset by a good report on mcdonald's sales. checking the major averages this hour, the dow is up 27 points. the nasdaq is up 14, the s&p up two. italy
also, u.s. supply increased. >> with production rising to an 18-year high with demand at a ten-year lower less reliant on imports to meet our demand. >> reporter: america is using nearly 700,000 fewer barrels of oil each year than we did in 2007. does that mean we won't have to worry about $4 or $5 gas? >> we could see $4 this spring. $5, i wouldn't be surprised to see pumps at $5 a gallon. should there be another refining issue. >> reporter: but americans will have...
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Dec 30, 2012
12/12
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who's been nominated to serve as assistant attorney general, managing the antitrust division of the u.s. department of justice. mr. president, i happen to have come to know bill baer personally, because practices flaw a firm with a very good friend and neighbor of mine here in washington. and in that remarks i can certainly testify to the -- and in that regard, i can certainly testify to the fact that he's an honorable, interesting, enjoyable person, but that alone doesn't qualify him to hold this high office. he has extraordinary experience. i would say that he is very, very widely acknowledged as one of the best antitrust lawyers in our country, and i would say that this nomination is really a merit-selection nomination. and i'll get to that. he graduated from lawrence university and the school of law at stanford university. he has served with distinction throughout his career, earning accolades such as recognition as the washington, d.c., antitrust lawyer of the year by "best lawyers" and as well as one of the decade's most influential shall lawyers by the "national law journal." he'
who's been nominated to serve as assistant attorney general, managing the antitrust division of the u.s. department of justice. mr. president, i happen to have come to know bill baer personally, because practices flaw a firm with a very good friend and neighbor of mine here in washington. and in that remarks i can certainly testify to the -- and in that regard, i can certainly testify to the fact that he's an honorable, interesting, enjoyable person, but that alone doesn't qualify him to hold...
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Dec 6, 2012
12/12
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i'm bullish for gold in non-u.s. dollar terms, in yen terms and if you own gold in yen terms over the course of the last two months you are profitable. somebody owns gold in dollar terms is down several points. gold is nothing more than another currency, crossed against other currencies and there's nothing spectacular about gold, it's just a currency. >> call it a slick slide for oil, crude falling 2% nearing its lowest level in three weeks. for more let's go to jackie deangelis, the host of "futures now." >> crude having a tough day, the question is why. look at this chart dollar strength is causing major pain for oil, our question today is there more to selling than just the dollar rally? let's start talking futures now. rich, beyond the dollar where do you see crude going? >> jackie, the headlines gasoline inventories rose 7 million barrels, that's what's driving the market here. if you took a look at the crude weekly inventories we fell 2 million, that tells us somewhat neutral but the big picture here is that fo
i'm bullish for gold in non-u.s. dollar terms, in yen terms and if you own gold in yen terms over the course of the last two months you are profitable. somebody owns gold in dollar terms is down several points. gold is nothing more than another currency, crossed against other currencies and there's nothing spectacular about gold, it's just a currency. >> call it a slick slide for oil, crude falling 2% nearing its lowest level in three weeks. for more let's go to jackie deangelis, the host...
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Dec 13, 2012
12/12
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from the u.s. postal service. because it's nice to have an extra pair of hands around for the holidays. because it's nice to have an extra pair of hands around [ female announcer ] some people like to pretend a flood could never happen to them. and that their homeowners insurance protects them. [ thunder crashes ] it doesn't. stop pretending. only flood insurance covers floods. ♪ visit floodsmart.gov/pretend to learn your risk. >>> as we've seen here tonight with the debate on guns, they're a divisive issue in this country. and the man who can see both sides of it, better than most, is mark kelly. he's gabby giffords husband. and an astronaut. and he talked to me earlier. welcome back to you, mark. >> good evening, piers. it's great to be here. >> i saw a story in the last few days. it said that smith & wesson had increased gun sales by 44% since barack obama was re-elected. they never had numbers higher of people applying for clearance and licenses. i saw that terrifying. what is your reaction to the extraordin
from the u.s. postal service. because it's nice to have an extra pair of hands around for the holidays. because it's nice to have an extra pair of hands around [ female announcer ] some people like to pretend a flood could never happen to them. and that their homeowners insurance protects them. [ thunder crashes ] it doesn't. stop pretending. only flood insurance covers floods. ♪ visit floodsmart.gov/pretend to learn your risk. >>> as we've seen here tonight with the debate on guns,...
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Dec 30, 2012
12/12
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when the u.s. reaches the debt limit again in a few weeks. tara mergener for cbs news, washington. >>> a new state law that goes into effect tuesday worries people concerned about distracted driving. the law will allow drivers to send text messages as long as they use technology that is fully voice operated and hands- free. supporters of the new law say it's better than having drivers type while driving but opponents say that hands-free texting still draws attention away from the road. >>> other than laws going into effect carbon monoxide detectors must be installed in condos and apartments with smoke detectors. two laws ban businesses and schools from demanding that employees or students share their social media information. breast-feeding will be added to protected conditions that prevent discrimination in employment or housing. school officials and coaches must report suspected child sexual abuse. and testing of self-driving cars will be allowed on california roads. >>> and here in the bay area, another county is jumping on the plastic bag
when the u.s. reaches the debt limit again in a few weeks. tara mergener for cbs news, washington. >>> a new state law that goes into effect tuesday worries people concerned about distracted driving. the law will allow drivers to send text messages as long as they use technology that is fully voice operated and hands- free. supporters of the new law say it's better than having drivers type while driving but opponents say that hands-free texting still draws attention away from the road....
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Dec 28, 2012
12/12
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if the u.s. goes over the cliff, if confidence starts to rock around, if we have financial market turbulences, demand for safe havens should go up. we already see these small movements with very well volumes where there's a little bit of money flowing back into safe havens now. i would expect gold to have some role in this, as well. >> what's interesting is given that and given all the reasons why people have historically liked gold, you would have expected it to be a strong asset class in the second half of the year, maybe with some of these uncertainties around. but that wasn't the case. it really underperformed and that has caught so much attention because it suggests people, you know, what really are the drivers here? >> yeah, quite. so safe haven less so, but still what you're seeing is em central banks continue to add and essentially if you like catching up with some of the nations. iraq add to gold as well as the many other em central banks. we still own gold, so we're still looking for it
if the u.s. goes over the cliff, if confidence starts to rock around, if we have financial market turbulences, demand for safe havens should go up. we already see these small movements with very well volumes where there's a little bit of money flowing back into safe havens now. i would expect gold to have some role in this, as well. >> what's interesting is given that and given all the reasons why people have historically liked gold, you would have expected it to be a strong asset class...
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know groups that no one even knows about at the national level you also have organizations like the u.s. chamber of commerce which is i've been working to undermine democracy for you know like something like a century now so so you know we live in a moment right now where. it's our basic sort of democratic principles heard to mine by groups that have money but most people in the country are polled to one where they be you know a fair taxation system whether it be basically labor rights or basic right to health care all those things are undermined by a few with gobs and gobs of money at it all to me is very very bad for democracy is the big check my numbers here my record this is just from recollection of my my memory is that the mccain campaign the two thousand a to lecture and spent somewhere between six and seven hundred million dollars and that in this last election we had one billionaire shelley adelson who bragged about spending over one hundred million dollars we had karl rove talking about spending over one hundred million dollars you've got the koch brothers and various front gr
know groups that no one even knows about at the national level you also have organizations like the u.s. chamber of commerce which is i've been working to undermine democracy for you know like something like a century now so so you know we live in a moment right now where. it's our basic sort of democratic principles heard to mine by groups that have money but most people in the country are polled to one where they be you know a fair taxation system whether it be basically labor rights or basic...
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Dec 30, 2012
12/12
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there won't be any more u.s. government bonds because we're going to be out of the debt situation. we saw -- we saw it on the horizon when george w. bush became president, he decided to go back, backwards on rates across the board from the wealthiest to the middle to the poor, and he put two wars on a credit card and we are where we are where we are. and to add to this history, we all know that we're coming out of the worst recession since the great depression. it has been difficult, led by, unfortunately, some unscrupulous people on wall street who created a nightmare in the housing market. i remember saying to treasury secretary paulsen can you explain the rule of derivatives here and what happened and how we got into this crisis? and he put his head in his hands, mr. president, and he said not now. i'll talk to you later. now, that's not a very encouraging thing when the secretary of the treasury puts his head in his hands and says i can't explain it now. so we're coming out of this difficult time, and guess what -- we're doing much better. we had an election, it was pretty clea
there won't be any more u.s. government bonds because we're going to be out of the debt situation. we saw -- we saw it on the horizon when george w. bush became president, he decided to go back, backwards on rates across the board from the wealthiest to the middle to the poor, and he put two wars on a credit card and we are where we are where we are. and to add to this history, we all know that we're coming out of the worst recession since the great depression. it has been difficult, led by,...
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Dec 13, 2012
12/12
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that's about $67,000 a year and $25,000 more than the average u.s. salary. well, tech companies pay well because they want to recruit top engineering and math talent. the corporate taxes may be part of the fiscal cliff talks. here is dan mitchell, senior fellow at the cato institute. google stashed $10 million in bermuda, hp has almost all of its cash offshore and apple said to shareholders, two-thirds of its $121 billion of cash is held outside the united states. now why is that? is it just because they hate america? >> two things to understand. number one, everything they do is completely legal. it's foreign source income that is being taxed in the countries where it's being earned. but, number, two, the u.s. has the highest corporate tax rate in the developed world. these companies if they bring that money back to the united states will be double taxed on top of what they paid oversea, yes, with some credit so maybe it doesn't get too much above 35% but we are shooting ourselves in the foot with very bad corporate tax policy. >> will president obama claha
that's about $67,000 a year and $25,000 more than the average u.s. salary. well, tech companies pay well because they want to recruit top engineering and math talent. the corporate taxes may be part of the fiscal cliff talks. here is dan mitchell, senior fellow at the cato institute. google stashed $10 million in bermuda, hp has almost all of its cash offshore and apple said to shareholders, two-thirds of its $121 billion of cash is held outside the united states. now why is that? is it just...
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Dec 7, 2012
12/12
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if all the sudden u.s. treasuries were downgraded, wouldn't that have a pretty significant the fact on where we are relative to the avalanche? >> if there is downgraded treasury debt, this would likely trigger other downgrades. bank debt, they will get downgraded. jpmorgans of the world. money managers have in their relationship with their clients agreements not to invest in bonds that have rates below a certain grade. they will have to divest themselves because of the downgrades. this will cause problems in the credit markets. the credit markets will ultimately adjust. the reality has not changed. you will see hedge funds and private equity firms, but that is the process. it will take time. between now and then, it will create a greater amount of turmoil. it is what this means. it means that we do not have the political will to nail this thing down. and we will not. people will recognize that and we will go nowhere. >> if you want to preserve the entitlement, get us to balance. >> get us to sustainability.
if all the sudden u.s. treasuries were downgraded, wouldn't that have a pretty significant the fact on where we are relative to the avalanche? >> if there is downgraded treasury debt, this would likely trigger other downgrades. bank debt, they will get downgraded. jpmorgans of the world. money managers have in their relationship with their clients agreements not to invest in bonds that have rates below a certain grade. they will have to divest themselves because of the downgrades. this...
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Dec 7, 2012
12/12
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question, should the u.s. intervene in any of these here now is mark ginsburg, former white house middle east advisor. welcome back, mark. here's the thing. we drew a red line, president obama drew a red line over these chemical weapons of mass destruction. at what point do we have to start bombing them to prevent them from moving and utilizes those weapons of mass destruction? when's that happen? >> larry, the fact of the matter is that i already know some of those weapons have been moved and put into the hands of the iranian revolutionary guards operating in syria and also i believe some of it has been sold to hezbollah. so as far as i'm concerned, there's some of that red line that's been crossed. but to answer your question, the fact remains is that if the intelligence report says, as the president and the press reports are leading us to believe, that precursors have been loaded into those shells, somehow or another we're going to have to incinerate from the air those weapons deposed quickly before assad g
question, should the u.s. intervene in any of these here now is mark ginsburg, former white house middle east advisor. welcome back, mark. here's the thing. we drew a red line, president obama drew a red line over these chemical weapons of mass destruction. at what point do we have to start bombing them to prevent them from moving and utilizes those weapons of mass destruction? when's that happen? >> larry, the fact of the matter is that i already know some of those weapons have been...
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Dec 4, 2012
12/12
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there are reports tonight that the u.s. and allied intelligence have detected syrian movement of chemical weapons components the use of which is a red line for the united states. take a listen to president obama this afternoon. >> i want to make it absolutely clear to assad and those under his command, the world is watching. the use of chemical weapons is and would be totally unacceptable. and if you make the tragic mistake of using these weapons, there will be consequences and you will be held accountable. >> all right. talk about this here now is syndicated radio talk show host my great pal john. john, the president said there will be serious consequences. does that mean we'll go to war? >> we are at war. this is a civil war in syria and the u.s. is sponsoring the coalition that means to regime change in damascus. that's the coalition of cairo, morrissey ankora. we're at war. >> the question is coming back to the president's statement i thought, john, we detected movement whether it's parts or trucks or whatever, if we de
there are reports tonight that the u.s. and allied intelligence have detected syrian movement of chemical weapons components the use of which is a red line for the united states. take a listen to president obama this afternoon. >> i want to make it absolutely clear to assad and those under his command, the world is watching. the use of chemical weapons is and would be totally unacceptable. and if you make the tragic mistake of using these weapons, there will be consequences and you will...
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Dec 20, 2012
12/12
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both offered ran up against scrutiny for u.s. and eu regulators. >>> the u.s. patent office says a patent that helped apple win a $1 billion in damages against samsung is invalid. 9/it distinguishes between single and multi touch gestures on the ipad. apple is likely to appeal the patent ruling. apple shares are adding aboabou about .2% in frankfurt trade. samsung down .8% on korean trade today. >>> google has struck a deal to sell motorola cable top business to a eer is. google has been more focused on revamping the company's struggling mobile unit. take a look at google trade. >>> bernie madoff's younger brother will be sentenced today for his role in the multibillion dollar ponzi scheme. peter was a chief compliance officer at the firm. he pleaded guilty in june to several charges, including security fraud and falsifying records. he faces up to a year in prison. although letters from dozens of friends and family members and business acquaintances were filed earlier this week asking the judge for leniency. >>> european markets are mixed. adding about 10% desp
both offered ran up against scrutiny for u.s. and eu regulators. >>> the u.s. patent office says a patent that helped apple win a $1 billion in damages against samsung is invalid. 9/it distinguishes between single and multi touch gestures on the ipad. apple is likely to appeal the patent ruling. apple shares are adding aboabou about .2% in frankfurt trade. samsung down .8% on korean trade today. >>> google has struck a deal to sell motorola cable top business to a eer is....
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Dec 6, 2012
12/12
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congress, an extremely effective way for the u.s. congress to send a message to the russians that they had to allow free immigration of its people, in that case, particularly jews, and we replaced it with this act which will punish human rights violators in russia today. so in both cases, we've tied to an economic measure, a very strong statement of support for human rights in russia and in doing so, i think we send a powerful message, not just to the government of russia but really to the people because i know when jackson vanek was passed, it not only had the direct effect on the russian government but it was a tremendous source of hope to the people in russia who were yearning to leave that country for freedom. i think today with passage of the magnitski act, we're saying to people in russia who are striving to secure their fundamental freedom, we have not and will not forget you. we have not and will not forget your cause. we will stand in solidarity with the millions in russia who have a seungle goal, which is a democrat exrussi
congress, an extremely effective way for the u.s. congress to send a message to the russians that they had to allow free immigration of its people, in that case, particularly jews, and we replaced it with this act which will punish human rights violators in russia today. so in both cases, we've tied to an economic measure, a very strong statement of support for human rights in russia and in doing so, i think we send a powerful message, not just to the government of russia but really to the...
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Dec 26, 2012
12/12
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for the first time in u.s. history, the u.s. delegation of a state will be entirely made up of women. from manchester, new hampshire, this is about one hour, 15 minutes. >> onto the program -- just a little bit on the way the questions were developed for today's event. this is a little bit of an atypical chamber event. questions were developed with input from the chamber's board of directors and the new hampshire women's initiative. there is centered not around issues but around this moment of history. the mission is to celebrate the first in the nation status that new hampshire has by holding this event today. rabin will facilitate a conversation about what this moment in time means to these five women. this power will go so fast. i am sure, and i hope, that this conversation leaves you hungry for more. please, share today with your friends, your children, your co-workers. we will have dvd's available. please share this event and moment in history with everyone you know. how this all came together -- the two most common questio
for the first time in u.s. history, the u.s. delegation of a state will be entirely made up of women. from manchester, new hampshire, this is about one hour, 15 minutes. >> onto the program -- just a little bit on the way the questions were developed for today's event. this is a little bit of an atypical chamber event. questions were developed with input from the chamber's board of directors and the new hampshire women's initiative. there is centered not around issues but around this...
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Dec 3, 2012
12/12
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. >> 29 days and counting until the u.s. could plunge off the fiscal cliff. this morning at least one republican is saying it's looking more like that's going to happen. after the plan laid out by the white house. >>> and she helped care for more than 140 children whose parents are behind bars in nepal. now she's got a new title. cnn hero of the year. cnn hero of the year. "newsroom" starting now. -- captions by vitac -- www.vitac.com >>> good morning. thank you so much for joining me. i'm carol costello. concern this morning that a young woman's death will be overshadowed by fame. by now, even if you're not a football fan, you know the name jovan belcher. you know he killed the mother of his child and then committed suicide. but what do we know about his girlfriend? his partner? the mother of his child, kasandra perkins? according to the kansas city star perkins and belcher were madly in love but argued of late. the star added many people knew that belcher owned guns and enjoyed shooting but they'd never known him to be violent. not even close. nbc's bob cos
. >> 29 days and counting until the u.s. could plunge off the fiscal cliff. this morning at least one republican is saying it's looking more like that's going to happen. after the plan laid out by the white house. >>> and she helped care for more than 140 children whose parents are behind bars in nepal. now she's got a new title. cnn hero of the year. cnn hero of the year. "newsroom" starting now. -- captions by vitac -- www.vitac.com >>> good morning. thank...
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Dec 20, 2012
12/12
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the u.s. consulate in benghazi. the report led to one resignation and three disciplinary administrative leaves at the state department. >>> new pictures from mobile, alabama, the storm is moving across the country. cars flipped over at a car dealership, trees knocked down. more than 7,000 are without power in the mobile area. the storm reaches from houston to minneapolis. some states will see up to a foot of snow. >>> it is the best selling car in america but sure isn't the safest. the camry rated poor in a new crash test from the insurance institute for highway safety. it measured impacts on the front bumper. another sedan also poor, the prius-v wagon. only the honda accord and the suzuki kasashi got the top award. >>> one new movie release is uniting both sides of the political aisle in the fight for a single cause. nope it's not "lincoln." it's "zero dark thirty." democrat and republican senators are speaking out against the film based on real events premise. mischelle turner, to be blunt,
the u.s. consulate in benghazi. the report led to one resignation and three disciplinary administrative leaves at the state department. >>> new pictures from mobile, alabama, the storm is moving across the country. cars flipped over at a car dealership, trees knocked down. more than 7,000 are without power in the mobile area. the storm reaches from houston to minneapolis. some states will see up to a foot of snow. >>> it is the best selling car in america but sure isn't the...
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Dec 20, 2012
12/12
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the u.s. government as a spending problem but not revenue problem. said spending up 70% from 1998, not adjusted for inflation. spending is increasing at twice the rate that revenue is increasing. >> always talking about we are in a crisis. a budget by secret committee's or gangs of 6 or 8, that is a problem. that is why we can't get spending under control because the senate is not doing their job. passing a budget every year. charles: every time something happens it is another reason to spend more money. something is wrong. we need a lot of things in this country but there is no way spending should be outpacing everything else, particularly as the american public over the last five years cut back on everything, mortgage debt, credit card debt. the only thing is student loan debt. remarkable we can continue down this road when we know inevitably where we hit a brick wall. you can argue when but we know we will. liz: but never budget balancing act has got to stop. stuart: president obama will not address the spending issue. he will not. stuart: charles
the u.s. government as a spending problem but not revenue problem. said spending up 70% from 1998, not adjusted for inflation. spending is increasing at twice the rate that revenue is increasing. >> always talking about we are in a crisis. a budget by secret committee's or gangs of 6 or 8, that is a problem. that is why we can't get spending under control because the senate is not doing their job. passing a budget every year. charles: every time something happens it is another reason to...
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Dec 18, 2012
12/12
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the u.s. and other countries believe the satellite launch was the test of a ballistic missile. >>> if you're praying for lower gas price this is holiday season you may get your answer. according to aaa, gas prices have been falling every day for four weeks. the price is three cents away from the lowest mark in two years. right now prices average $3.24 a gallon. >>> gun control, it just may be the right time. democratic lawmakers who are strongly pro gun rights have signaled they're willing to deal and senator dianne feinstein is ready with legislation. >> there's no second amendment right to bear every type of weapon that you know of. these are a certain class of weapons. they are designed to kill large numbers of people in close comb combat. i don't believe the second amendment covers them. >> advocates like new york mayor michael bloomberg are hopeful,' long with victims of gun violence created a website that features personal testimonials of how violence has affected their lives. still no p
the u.s. and other countries believe the satellite launch was the test of a ballistic missile. >>> if you're praying for lower gas price this is holiday season you may get your answer. according to aaa, gas prices have been falling every day for four weeks. the price is three cents away from the lowest mark in two years. right now prices average $3.24 a gallon. >>> gun control, it just may be the right time. democratic lawmakers who are strongly pro gun rights have signaled...
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Dec 5, 2012
12/12
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so if the u.s. attorney general doesn't act, what do you do? >> well, if he doesn't act, we will take the next steps to assess our legal rights and we expect the legislature to hopefully provide a little bit of clarity. we'll pursue discussions there. certainly we expect it to be legal discussions in the courts as well and hopeful that that provides some clarity as well. we think the first step, though, is asking the attorney general for his intentions around the controlled substances act. colorado has background zero for the national debate and we understand that and we believe that he has the opportunity to make it very clear and set a precedent for the nation and for colorado employers who require and need certainty in their business decisions. >> sandra hagen solin, thank you for being with us this morning. we appreciate it. >> thank you so much. >> you're welcome. >>> we're back after a quick break. two years ago, the people of bp made a commitment to the gulf. bp has paid over twenty-three billion dollars to help those affected and to cov
so if the u.s. attorney general doesn't act, what do you do? >> well, if he doesn't act, we will take the next steps to assess our legal rights and we expect the legislature to hopefully provide a little bit of clarity. we'll pursue discussions there. certainly we expect it to be legal discussions in the courts as well and hopeful that that provides some clarity as well. we think the first step, though, is asking the attorney general for his intentions around the controlled substances...
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Dec 19, 2012
12/12
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toyota will pay a record u.s. fine of $17.4 million for failing to report auto defects quickly and delaying a recall. it's the company's fourth safety-related fine in the past two years. this one involved floor mats that could hold down the gas pedal in some 2010 lexus models. toyota did not admit to any legal violations. those are some of the day's major stories. now, back to judy. >> woodruff: the community continues to mourn its losses in connecticut, resume some routine and consider its own role in a national conversation on what steps should now be taken. ray suarez begins our coverage with this report. >> suarez: a hearse arrived this morning at saint rose of lima catholic church in newtown carrying the body of six-year-old james mattioli, one of the slain first graders from sandy hook elementary school. hours later, a church bell tolled as mourners greeted another small white casket at the funeral for jessica rekos, also six. (bell tolling). meanwhile, students from other local schools returned to class. in
toyota will pay a record u.s. fine of $17.4 million for failing to report auto defects quickly and delaying a recall. it's the company's fourth safety-related fine in the past two years. this one involved floor mats that could hold down the gas pedal in some 2010 lexus models. toyota did not admit to any legal violations. those are some of the day's major stories. now, back to judy. >> woodruff: the community continues to mourn its losses in connecticut, resume some routine and consider...
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Dec 17, 2012
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. >>> three months after the deadly attack at the u.s. consulate in libya, the state department expected to receive an independent report on the incident today. secretary of state hillary clinton ordered the review. it will be presented to congress before a private briefing this week. >>> the u.s. ambassador to libya chris stevens and three others were killed in that attack on september 11th. >>> looks like house speaker john boehner is putting more on the table to avoid that fiscal cliff. a source close to the talks tells cnn boehner is offering to raise the debt ceiling. something republicans oppose. he's also proposing higher taxes for those who make $1 million a year or more. president pushing for higher taxes for those making $250,000 a year. >>> in money news, some 6 million credit card holders will get a welcome gift, a refund. discover american express and capital one giving back $435 million as ordered by the government as part of a crackdown on deceptive practices. the refund should be out by the end of march. >>> in the weather
. >>> three months after the deadly attack at the u.s. consulate in libya, the state department expected to receive an independent report on the incident today. secretary of state hillary clinton ordered the review. it will be presented to congress before a private briefing this week. >>> the u.s. ambassador to libya chris stevens and three others were killed in that attack on september 11th. >>> looks like house speaker john boehner is putting more on the table to...
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Dec 21, 2012
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we've been expecting it now for the past few weeks, especially since susan rice, the u.s. ambassador to the united nations, withdrew her name as a possible secretary of state. hillary clinton is going to be leaving in january. she's moving on. she wanted one term and now the chairman of the senate foreign relathions committee, john kerr will be nominated. probably early in the afternoon the president will have a formal announcement asking that the senate confirm john kerry as the secretary of state. the hearings will take place in january. they would very much like to have john kerry in place as the new secretary of state around the time of the inauguration, january 20th, and they would then be able to go forward. for all practical purposes john kerry will certainly carry forward the foreign policy initiatives put forward by hillary clinton. they're on the same page on a lot of these issues but the president of the united states, as you know, carol, he determines u.s. international policy, national security, and john kerry will now have that mission. it opens up the senate
we've been expecting it now for the past few weeks, especially since susan rice, the u.s. ambassador to the united nations, withdrew her name as a possible secretary of state. hillary clinton is going to be leaving in january. she's moving on. she wanted one term and now the chairman of the senate foreign relathions committee, john kerr will be nominated. probably early in the afternoon the president will have a formal announcement asking that the senate confirm john kerry as the secretary of...
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Dec 24, 2012
12/12
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u.s. marine reunites with his family. john hammer on his way to i asurfing vacation in costa rica. he was arrested by mexican authorities on a questionable gun charge. u.s. lawmakers stepped in on hammer's behalf helping secure his release. >>> in money news, got milk? it may cost a lot more to say yes if the new agriculture bill passed by dairy farmers is not passed by congress, they would be forced to buy milk at twice today's price. that could push the price of milk up to more than $7 a gallon. could you imagine paying more than $7 a gallon for milk? >>> visible from the space station? maybe. it's really bright and attracts visitors from far and wide. it's the home of jan stewart. for the second straight year, she's covered the house with more than 65,000 christmas lights. she says she does it in memory of her late husband. some of her neighbors say it's -- well, it's more appropriate for the vegas strip. >>> you helped us pick the most intriguing people of 2012. the results are now in.
u.s. marine reunites with his family. john hammer on his way to i asurfing vacation in costa rica. he was arrested by mexican authorities on a questionable gun charge. u.s. lawmakers stepped in on hammer's behalf helping secure his release. >>> in money news, got milk? it may cost a lot more to say yes if the new agriculture bill passed by dairy farmers is not passed by congress, they would be forced to buy milk at twice today's price. that could push the price of milk up to more than...
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Dec 4, 2012
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u.s. drone and issues a warning "we shall trample on the united states." >>> drunk and partying the night before he shocked the nfl and fans. >>> director kathryn bigelow talks about the controversy over her bin laden death movie. >> i think it's nice because now the film can speak for itself and i certainly have a feeling that a lot of those debates will transition to something slightly less controversial. >> the full interview straight ahead. >>> so you don't read runway ? >> no. >> before today you never heard of me. >> no. >> you have no style or sense of fashion. >> i think that depends on what your -- >> no, no, that wasn't a question. >> the devil's diplomacy. vogue editor anna wintour, u.s. ambassador? maybe. "newsroom" starts now. good morning. thank you so much for joining me. i'm carol costello. this morning iran is bragging. it claims it capture d an american drone. the u.s. is denying it. iran has made that drone a star on state tv. according to iran's state-run news agency, t
u.s. drone and issues a warning "we shall trample on the united states." >>> drunk and partying the night before he shocked the nfl and fans. >>> director kathryn bigelow talks about the controversy over her bin laden death movie. >> i think it's nice because now the film can speak for itself and i certainly have a feeling that a lot of those debates will transition to something slightly less controversial. >> the full interview straight ahead....
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this is a test to try to limit the costs they would face with the new u.s. health care law. based on this test they decided not to change any of their full-time staffing plans for 2014. stocks are slightly lower, don't forget they had terrible numbers, too. >> but they say it was based on their tests. >> right. stuart: some people say they're backing off because they got bad publicity when they started talking about putting people on part-time work instead of full-time because of obamacare. >> you know what? some people would say that, stuart. stuart: charles said that, maybe he's right. and thank you, nicole. we're dead flat. down 1.69. let's not forget about the phantom pigs. zynga makers of farmville, may not be making enough money off the phantom pigs to keep investors happy. there's a reason to be optimistic, look at the stock, it's up this morning, after news that zynga is trying to get a gaming license out of nevada, that's where the real money is for zynga. it's hoping that a flood of proposed gambling regulations would open up an on-line market. and shares are down
this is a test to try to limit the costs they would face with the new u.s. health care law. based on this test they decided not to change any of their full-time staffing plans for 2014. stocks are slightly lower, don't forget they had terrible numbers, too. >> but they say it was based on their tests. >> right. stuart: some people say they're backing off because they got bad publicity when they started talking about putting people on part-time work instead of full-time because of...
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Dec 25, 2012
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that script changed when the u.s. anti-doping agency released a report that accused him of leading the big team doping scheme in the history of sports. armstrong, stripped of his tour de france titles and resigned from his cancer foundation. >> two words. jeremy lin. >> lin-sanity. >> can you believe this is happening? >> no. >> at the start of the year jeremy lin was a harvard grad trying to make it in the nba but over the course of ten days in february the asian american became a global sensation as he led the new york knicks on a seven-game win streak and single handedly reinvigorated a franchise that had fallen on tough times. >> four hours away from the big opening ceremony. >> you can really feel the buzz in london. >> for two weeks in summer the london olympics took center stage with barrier breaking performances. michael phelps who became the most decorated olympian of all time, american gabby douglas the first black woman to win the gymnastics individual all-around title. south africa's oscar pistorius the fi
that script changed when the u.s. anti-doping agency released a report that accused him of leading the big team doping scheme in the history of sports. armstrong, stripped of his tour de france titles and resigned from his cancer foundation. >> two words. jeremy lin. >> lin-sanity. >> can you believe this is happening? >> no. >> at the start of the year jeremy lin was a harvard grad trying to make it in the nba but over the course of ten days in february the asian...
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Dec 27, 2012
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markets in the u.s. and around the world could take a hit. right now the dow is down almost 100 points. no santa clauz rally this year. managing director of the boston consulting group joins me from chicago. great to see you. happy holidays. let's talk about the effect on the economy. i think it's important to point out that it if no deal is reached by january 1st, some things will take effect right away. 2% increase in payroll taxes. no more unemployment benefits for 2 million americans. others will take a little longer to take effect. having said that, what will be the impact on the economy long-term, do you think? >> i think you have to look at this more than as a fiscal cliff but as a fiscal slide. what we're doing is we're beginning a slide and we're going to slide slowly if we don't do something by february we'll have a debt limit crisis that will also cause us so accelerate and reduce the confidence in the united states of america, which is something we should not allow to have happ happen. by march, all of a sudden there will be a pay
markets in the u.s. and around the world could take a hit. right now the dow is down almost 100 points. no santa clauz rally this year. managing director of the boston consulting group joins me from chicago. great to see you. happy holidays. let's talk about the effect on the economy. i think it's important to point out that it if no deal is reached by january 1st, some things will take effect right away. 2% increase in payroll taxes. no more unemployment benefits for 2 million americans....
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Dec 19, 2012
12/12
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the u.s. they had their hands in some 60 measures this year alone. carol, when you compare this group to, you know, the other advocacy groups, the brady campaign to stop gun violence, when you compare those two groups, the nra outspends that group some 66 times more than the brady campaign. and they spent more than 4,143 times more money on contributions. so this is a big, strong, powerful group. carol, when they talk about meaningful contributions, what does that mean? this is a group, if they were to support a ban on assault rifles, that would be a huge blow to gun makers. >> i can't see that happening. >> what does it mean, a meaningful contribution? we have yet to see. >> yeah. we have yet to see. friday's the big day when the nra will maybe spell out what those meaningful contributions are. >>> with polls showing that more americans now support stricter gun laws, the question of gun control may not be if, but when despite the nra. that's prompting many americans to go gun shopping right n
the u.s. they had their hands in some 60 measures this year alone. carol, when you compare this group to, you know, the other advocacy groups, the brady campaign to stop gun violence, when you compare those two groups, the nra outspends that group some 66 times more than the brady campaign. and they spent more than 4,143 times more money on contributions. so this is a big, strong, powerful group. carol, when they talk about meaningful contributions, what does that mean? this is a group, if they...
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Dec 27, 2012
12/12
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stuart: a massive storm, serious stuff here, big storms through the u.s., high winds, snow, everybody came down and stranding a lot of travelers across the country and dumping inches of snow in some cities, actually feet in some areas. roadways in the northeast covered with snow, again, two feet of snow in some areas. big delays in a lot of airports. big headaches for holiday travelers, that storm is blamed for the at least six deaths. if congress and the president can't come up with a plan and we dive on that fiscal cliff, look what would happen to the average federal taxpayers, the average taxpayer is roughly 50,000 bucks a year and that person would pay a extra, 1238 per year in taxes. in fact, every taxpayer would pay more if we go over that cliff. clearly, that would be a hit to the overall economy. and who is going to get the blame for that. noel clemente is here. i've got to believe that the republicans will get the blame for this, do you agree? >> right now, it's hard to say, because the house is the only body in washington that's actually passed anything to deal with the taxe
stuart: a massive storm, serious stuff here, big storms through the u.s., high winds, snow, everybody came down and stranding a lot of travelers across the country and dumping inches of snow in some cities, actually feet in some areas. roadways in the northeast covered with snow, again, two feet of snow in some areas. big delays in a lot of airports. big headaches for holiday travelers, that storm is blamed for the at least six deaths. if congress and the president can't come up with a plan and...
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monday cnn reported that u.s. officials believed that the syrians had begun mixing chemicals that could be used to weaponize sarin, but there were no signs that the syrian regime was going to do anything with those weapons. they maintain yet again today that they have no intention of using chemical weapons in syria. carol? >> mohammed jamjoom in beirut this morning. >>> sad ending for a month-long search of two missing cousins. the bodies of 8-year-old elizabeth collins and 10-year-old lyric cook were found by hunters in the wooded area. the two girls have been missing since july. jim spellman has been following the story since lyric and elizabeth went missing. you know, i know the families were hopeful till the end. what a saddened. >> yeah, indeed. we haven't gotten official word from police that the two podiatries found by these hunters were the little girls but the family told me right from the beginning there was no doubt that there was them. overnight a facebook post from elizabeth's mom confirming it. they
monday cnn reported that u.s. officials believed that the syrians had begun mixing chemicals that could be used to weaponize sarin, but there were no signs that the syrian regime was going to do anything with those weapons. they maintain yet again today that they have no intention of using chemical weapons in syria. carol? >> mohammed jamjoom in beirut this morning. >>> sad ending for a month-long search of two missing cousins. the bodies of 8-year-old elizabeth collins and...
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Dec 27, 2012
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the u.s. senate seat left vacant after the death of daniel inouye of hawaii will be filled this arch. lieutenant governor brian schatz is filling the seat. he's expected to be sworn in later today. >>> d.c. said they asked if david gregory could use the magazine as a prop and were told no. the devices are illegal even if they're not attached to a weapon. nbc has not responded to cnn's request for a comment. >>> a 30-foot whale discovered on a new york beach is not expected to survive. biologists say the thin whale is emaciated, in poor physical condition and nothing can be done to save it. if nature does not take its course they plan to humane lly euthanize it. >>> the u.s. i to hit its legal borrowing limit on monday. geithner says the government can operate for a few more weeks but congress needs to act quickly to avoid a full blown crisis. >>> if you own a toyota that had unintended acceleration problems, toyota's agreed to pay $1.1 billion to settle a class action lawsuit so what does that
the u.s. senate seat left vacant after the death of daniel inouye of hawaii will be filled this arch. lieutenant governor brian schatz is filling the seat. he's expected to be sworn in later today. >>> d.c. said they asked if david gregory could use the magazine as a prop and were told no. the devices are illegal even if they're not attached to a weapon. nbc has not responded to cnn's request for a comment. >>> a 30-foot whale discovered on a new york beach is not expected to...
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Dec 12, 2012
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the president's comments paved the way for greater u.s. support as the group tries to oust syrian president assad. >>> meanwhile, as the "fiscal cliff" deadline approaches, indications that the president and house speaker john boehner are reportedly talking again, at least by telephone. among the proposals, the white house may agree to less tax revenue but the speaker still wants to see what cuts the president will make. but publicly, neither side is giving anything away. >> we're still waiting for the white house to identify what spending cuts the president is willing to make as part of balanced approach that he promised americans. >> what is required is, you know, agreement by republicans to some specific revenues that includes raising rates. >> there is no indication that the president will compromise on taxes on the wealthy going up. >>> a soon-to-open bay area restaurant is wondering where are all the workers? black bear diner is set to open a restaurant in emeryville next month. the owners have been holding job fairs to fill the more
the president's comments paved the way for greater u.s. support as the group tries to oust syrian president assad. >>> meanwhile, as the "fiscal cliff" deadline approaches, indications that the president and house speaker john boehner are reportedly talking again, at least by telephone. among the proposals, the white house may agree to less tax revenue but the speaker still wants to see what cuts the president will make. but publicly, neither side is giving anything away....
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Dec 28, 2012
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that's according to the u.s. census bureau. the population will be a little more than 315 million on new year's day. that's up less than 1% from the last time the read iing was tak. our population is slowing due to lower birth rates and lower immigration numbers. >>> here's a new year's resolution for drivers in chicago. use the l. starting january 1st, the city will have the most expensive parking meter rates in north america. $6.50 for one hour in the loop. it will be the fifth year in the row e the rates have gone up. >>> here it was on its final mission in july of last year. watch. >> all three engines up and burning. 2, 1, 0, and lift off. the final lift off of atlantis on the shoulders of the space shuttle. >> now the retired space shuttle will still be in the air, but not as high. elevated off the ground in its permanent home at kennedy space center. the new museum is set to open, but we're getting a sneak preview from john zarrella. john, i can tell by the hard hat and vest that it's still being bui built. a lot of work
that's according to the u.s. census bureau. the population will be a little more than 315 million on new year's day. that's up less than 1% from the last time the read iing was tak. our population is slowing due to lower birth rates and lower immigration numbers. >>> here's a new year's resolution for drivers in chicago. use the l. starting january 1st, the city will have the most expensive parking meter rates in north america. $6.50 for one hour in the loop. it will be the fifth year...
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Dec 26, 2012
12/12
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u.s. senator kelly ayotte. [applause] she was the first new hampshire woman elected to congress in 2006. please join me in welcoming representative elect carol shea- porter. [applause] and our newly elected official representing new hampshire's second district, representative elect ann mclane kuster. [applause] finally this morning, the new governor for the state of new hampshire -- please join me in welcoming governor elect maggie hassan. [applause] >> welcome. so exciting. thank you all so much for coming. good morning. so great to see all of you this morning. thank you so much. i really appreciate it. good morning. we have a lot to talk about this morning. in my world, never enough time -- i am sure yours as well. i'm just going to jump right in. i hope we can have a great, well-rounded conversation. the first question i want to ask you is something we talked about -- on the day after the election, people all over the united states seemed so profoundly excited. viewing it as a historic moment. i have to ask
u.s. senator kelly ayotte. [applause] she was the first new hampshire woman elected to congress in 2006. please join me in welcoming representative elect carol shea- porter. [applause] and our newly elected official representing new hampshire's second district, representative elect ann mclane kuster. [applause] finally this morning, the new governor for the state of new hampshire -- please join me in welcoming governor elect maggie hassan. [applause] >> welcome. so exciting. thank you all...
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Dec 24, 2012
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the men around me because no one could ask for it better company than the u.s. armed forces and finally, i do this for myself so that i might know the measure of myself and in and not be found wanting. i believe that it is my duty to fight and having done all that i can to simply stand against this and all the evil work that is upon this earth. he called me on the fifth and said, the people are so nice and the kids are so cute, mom. they would rather have pens and paper than food or water. can you get a fund-raiser started when school starts? two days later i was talking to my students on the first day of school about starting that fund when the marines walked down the hall to tell me that matthew had been killed. in a sniper attack while saving others. from the book, so blind written as if matthew were telling the story it reads, we went out at base camp toward an area where we knew there would be danger. recent intel had reported that some 80 taliban would be in the vicinity. not more than 10 minutes into our patrol shots rang out. my team dismounted and clear
the men around me because no one could ask for it better company than the u.s. armed forces and finally, i do this for myself so that i might know the measure of myself and in and not be found wanting. i believe that it is my duty to fight and having done all that i can to simply stand against this and all the evil work that is upon this earth. he called me on the fifth and said, the people are so nice and the kids are so cute, mom. they would rather have pens and paper than food or water. can...